Aqua America (WTR) Raises Quarterly Dividend 7% to $0.2047; 2.4% Yield
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Aqua America Declares 7 Percent Cash Dividend Increase
August 1, 2017 4:07 PM EDTBRYN MAWR, Pa.--(BUSINESS WIRE)-- The Board of Directors of Aqua America (NYSE: WTR) declared a quarterly cash dividend of $0.2047 per share today, payable Sept. 1, 2017 to all shareholders of record on Aug. 16, 2017.
The Sept. 1, 2017 dividend will represent a $0.0134, or 7.0 percent increase, compared to the $0.1913 cash dividend the company paid in June of this year. This marks the 27th dividend increase in the past 26 years, and the company has paid a consecutive quarterly cash dividend for more than 72 years. Following the increase, the annualized dividend rate will be $0.8188 per share. The boards stated... More
